\\n
After starting yesterday at 12,698.4, NASDAQ made its largest single-day jump (120.6 points) since December 2020, and and closed at 12,819
\\nThe uptick comes while some more positive signs for the Nasdaq are out as the United States ISM Manufacturing PMI (Dec) came out at 60.7, above the estimate of 56.6. This is also a step forward from the previous data of 57.5.
\\nMore data out yesterday as the United States API Weekly Crude Oil Stock released earlier, shows an improvement to -1.66 million from the preceding data of -4.79 million, but falls short of the projected -1.50 million. Released yesterday at 3:00 PM, United States's ISM Manufacturing Employment (Dec) showed an uptick, coming in at 51.5, up from the previous number of 48.4.
\\nThe Nasdaq is getting closer and is now only 80.5 points from the resistance line at 12,899.42, Crossing it might suggest further gains are ahead. At 12,808.83, the Nasdaq made an initial breakout above the 10 day Simple Moving Average. The upper Bollinger band is at 13,042.59, indicating a negative correction might be next. Overall, technical indicators suggest the Nasdaq has no obvious direction for the immediate future.
\\nA look at other markets shows behavior that usually indicates a green move for Nasdaq as Apple made some headway from $129.41 to $131 (1.24%, $1.6). Facebook gained 0.75% ($2.03), reaching the $270.97 levels. The Shanghai Composite Index is green with a 0.29% gain (10.2 points), to 3,538.83 levels.
\\nOther assets are showing mixed performance as well. Google is eyeing the $1,776 resistance line
\\nThe market is looking forward to United States Crude Oil Inventories projected to outperform last figure at -1.27 million, while it previously stood at -6.07 million, figure will be published today at 3:30 PM. The United States ISM Non-Manufacturing PMI (Dec) is expected to come out at 54.6 when it's released tomorrow at 3:00 PM, This is a decline from the preceding data which was 55.9. United States Initial Jobless Claims are projected to come out at 800000 – worse than previous data of 787000, Data will be released tomorrow at 1:30 PM. United States FOMC Meeting Minutes are scheduled for today at 7:00 PM.
\\nThe Nasdaq social media highlights:
\\n\\n\\n\\n\\n\",\"\\nThe markets are closed…
\\n✧ S&P 500 △ 0.71%
\\n
✧ Nasdaq △ 0.95%
✧ Russell 2K △ 0.53%
✧ Dow Jones △ 0.55% pic.twitter.com/asSAyCsH6I— Stocktwits (@Stocktwits) January 5, 2021
(Last update 1:01am EST, January 6, 2021)
\\n\\nDow Jones yesterday at a glance –
\\nAfter it started the day at 30,224, Dow Jones went up to 30,505 only to drop back, yet still traded positively overall and closed at 30,391.6.
\\nThe Dow is approaching the closest resistance line at 30,606.48 and is now only 214.9 points away, Crossing it might suggest further gains are ahead. Although up today, worth noting that at 30,180.24, Dow Jones made an initial breakout below the 21 day Simple Moving Average earlier. The upper Bollinger band is at 30,558.19, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems Dow Jones is likely to reverse course and start pointing down in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nS&P Dow Jones Indices said it will no longer delete the U.S.-listed shares of three Chinese telecom firms from its benchmarks https://t.co/sZAnGZSGBx
\\n— Bloomberg (@business) January 6, 2021
(Last update 1:00am EST, January 6, 2021)
\\n\\nS&P yesterday at a glance –
\\nHesitant but green: from an early low of 3,695, S&P 500 went up to 3,727 and gained 26.2 points compared to the 3,700.65 start of the day (0.71%).
\\nThe S&P 500 eyes resistance at 3,756 and is now only 29.2 points away. Crossing it might suggest a continuation of a positive trend. At 3,713.58, S&P made an initial breakout above the 10 day Simple Moving Average. The upper Bollinger band is at 3,756.35, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for S&P
\\n\",\"\\n(Last update 1:00am EST, January 6, 2021)
\\n\\nApple yesterday at a glance –
\\nAfter starting the session at $129.41 Apple spiked to $131.74, dropped back to starting point range, and rallied again to $131. Trading volume was 92.54 million, below its daily average of 107.72 million.
\\nThe nearest resistance level is at $136.69. The MACD line is below the MACD signal line significantly, meaning the medium-term trend might turn positive. The upper Bollinger band is at $137.45 and the lower is $120.26.
\\nOverall, looking at the technical analysis landscape, it seems Apple is likely to continue pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nApple CEO Tim Cook’s cash bonus rose 40% last year, to $10.7 million, after the company exceeded internal financial targets https://t.co/xMyqKnCcJW
\\n— The Wall Street Journal (@WSJ) January 6, 2021
(Last update 1:00am EST, January 6, 2021)
\\n\\nFacebook yesterday at a glance –
\\nAfter starting the session at $268.94 Facebook spiked to $272.4, dropped back to starting point range, and rallied again to $270.97. Trading volume was 8.93 million, below its daily average of 16.04 million.
\\nThe nearest resistance level is at $287.52. At $271.95, Facebook made an initial breakout above the 10 day Simple Moving Average. The lower Bollinger band is at $265.72, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Facebook is pretty hot and might continue pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nItaly court orders Facebook to pay $5 million in damages for copying app https://t.co/82RKO3RNTX pic.twitter.com/2t3pYz2Wzs
\\n— Reuters (@Reuters) January 5, 2021
(Last update 1:01am EST, January 6, 2021)
\\n\\nAmazon yesterday at a glance –
\\nLight green but with no clear-cut direction, Amazon closed at $3,218.51 after it ranged between $3,223.38 and 3166. Trading volume was 2.56 million, below its daily average of 3.52 million.
\\nAmazon immediate resistance is around $3,239.26, nearest support level is at $3,035. At $3,196, Amazon made an initial breakout above the 21 day Simple Moving Average. Even though currently pointing up, the medium-term trend indication has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal. This occurs as the MACD line crosses below the MACD signal line. The upper Bollinger band is at $3,317.74 and the lower is $3,086.58.
\\nOverall, technical indicators suggest Amazon has no obvious direction for the immediate future.
\\n\\n
\\n\\n\\n\\n\",\"\\nFrom partnering with Instacart, to launching Walmart+ as a competitor to Prime, here are all the ways Walmart is looking to catch up with Amazon's dominance in e-commerce as the pandemic pushes more shoppers online. https://t.co/fyC3WIhOUY pic.twitter.com/o78YnWVFU4
\\n— CNBC (@CNBC) January 6, 2021
(Last update 12:35am EST, January 6, 2021)
\\n\\nMicrosoft yesterday at a glance –
\\nMicrosoft recovered back to $217.9 after dipping down to $215.72 in a session that started at $217.69. Trading volume was 21.20 million, below its daily average of 27.30 million.
\\nMicrosoft's nearest support level is at $210.11. At $218.16, Microsoft made an initial breakout above the 21 day Simple Moving Average. The MACD line is below the MACD signal line significantly, meaning the medium-term trend might turn positive. The upper Bollinger band is at $227.1 and the lower is $210.32.
\\nOverall, looking at the technical analysis landscape, it seems Microsoft is pretty hot and might start pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nMicrosoft employees question donations to senators who support Trump's attempt to overturn election https://t.co/RycGGQ59q6
\\n— CNBC (@CNBC) January 5, 2021
(Last update 12:35am EST, January 6, 2021)
\\n\\nGoogle yesterday at a glance –
\\nAfter starting the session at $1,728.24 Alphabet spiked to $1,747.67, dropped back to starting point range, and rallied again to $1,741. Trading volume was 901513, below its daily average of 1.43 million.
\\nThe nearest resistance level is at $1,828. At $1,736.82, Google made an initial breakout above the 50 day Simple Moving Average. The lower Bollinger band is at $1,708.68, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Google is pretty hot and might continue pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nAlphabet union has a ‘long way to go’ before it can force Google to bargain, expert says https://t.co/NqQCAN13tZ by @DanielHowley pic.twitter.com/ipfWbLnIKj
\\n— Yahoo Finance (@YahooFinance) January 6, 2021
(Last update 12:35am EST, January 6, 2021)
\\n\\nTesla yesterday at a glance –
\\nAfter it started the day at $729.77 Tesla went up to $740.84 only to drop back, yet still traded positively overall and closed at $735.11. Trading volume was 29.61 million, below its daily average of 54.48 million.
\\nTesla's immediate resistance is around $744.23, nearest support level is at 695. The Relative Strength Index indicates Tesla is in overbought condition. The CCI indicator is above 100, indicating a possible start of a new uptrend. The upper Bollinger band is at $741.4, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems Tesla is likely to continue pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nNIO and Tesla shares rise after record vehicle deliveries https://t.co/wxGvBX4990 by @ines_ferre pic.twitter.com/I3RxfFqFIx
\\n— Yahoo Finance (@YahooFinance) January 6, 2021
(Last update 12:36am EST, January 6, 2021)
\\n\\nZoom yesterday at a glance –
\\nZoom recovered back to $360.83 after dipping down to 349 in a session that started at $360. Trading volume was 4.91 million, below its daily average of 5.98 million.
\\nThe Zoom resistance level is at $376. The lower Bollinger band is at $336.3, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems Zoom might be pointing upward in the short term.
\\n\",\"\\n(Last update 12:35am EST, January 6, 2021)
\\n\\nNetflix yesterday at a glance –
\\nNetflix recovered back almost all the way to $522.86 after dipping down to $515.89. Trading volume was 2.96 million, below its daily average of 3.53 million.
\\nNetflix is getting close and is now only $6.83 from the support line at $513.97. Dipping below it might indicate further losses are ahead. At $518.07, Netflix made an initial breakout below the 21 day Simple Moving Average. The upper Bollinger band is at $543.14 and the lower is $497.8.
\\nOverall, the technical analysis suggests Netflix is neutral for the immediate future, with no clear-cut direction.
\\n\\n
\\n\\n\\n\\n\",\"\\nAre you still watching?
\\n
A new survey shows why @netflix's subscriber numbers could be at risk.$NFLX $DIS pic.twitter.com/sYSoHpgYFr— Power Lunch (@PowerLunch) January 5, 2021
(Last update 12:41am EST, January 6, 2021)
\\n\\nWalmart yesterday at a glance –
\\nWalmart dropped $78 early on and stayed in the $145.75 range. Trading volume was 7.47 million, below its daily average of 7.80 million.
\\nWalmart's immediate support is around $144.47, resistance level is at $152.79. At $146.1, Walmart made an initial breakout below the 21 day Simple Moving Average. The upper Bollinger band is at $148.67 and the lower is $142.65.
\\nOverall, looking at the technical analysis landscape, it seems further drawbacks may be next for Walmart.
\\n\\n
\\n\\n\\n\\n\",\"\\nFrom partnering with Instacart, to launching Walmart+ as a competitor to Prime, here are all the ways Walmart is looking to catch up with Amazon's dominance in e-commerce as the pandemic pushes more shoppers online. https://t.co/fyC3WIhOUY pic.twitter.com/o78YnWVFU4
\\n— CNBC (@CNBC) January 6, 2021
(Last update 12:41am EST, January 6, 2021)
\\n\\nProcter & Gamble yesterday at a glance –
\\nProcter & Gamble recovered all the way back to $137.82 after dipping down to $136.27. Trading volume was 6.45 million, around its average daily.
\\nThe nearest resistance level is at $144.28. At $137.43, Procter & Gamble made an initial breakout above the 21 day Simple Moving Average. The upper Bollinger band is at $139.69, indicating a negative correction might be next.
\\nOverall, technical indicators suggest Procter & Gamble has no obvious direction for the immediate future.
\\n\",\"\\n(Last update 12:40am EST, January 6, 2021)
\\n\\nWalt Disney yesterday at a glance –
\\nAfter starting the session at $177.68 Walt Disney spiked to $180.34, dropped back to starting point range, and rallied again to $178.44. Trading volume was 7.38 million, below its daily average of 14.72 million.
\\nWalt Disney eyes resistance at $181.18 and is now only $2.74 away. Crossing it might suggest a continuation of a positive trend. At $179.24, Walt Disney made an initial breakout above the 5 day Simple Moving Average. The upper Bollinger band is at $188.51 and the lower is $155.77.
\\nOverall, the technical analysis suggests Walt Disney is neutral for the immediate future, with no clear-cut direction.
\\n\",\"\\n(Last update 12:40am EST, January 6, 2021)
\\n\\nCoca-Cola yesterday at a glance –
\\nCoca-Cola recovered back almost all the way to $52.76 after dipping down to $52.03. Trading volume was 18.09 million, above its daily average of 14.09 million.
\\nCoca-Cola is getting closer and is now only $58 from the support line at $51.6. Dipping below it might indicate further losses are ahead. At $52.26, Coca-Cola made an initial breakout below the 50 day Simple Moving Average. The CCI indicator is bellow -100, suggesting a possible downtrend may be on the cards. The lower Bollinger band at $52, indicating a positive correction might be next.
\\nOverall, the technical analysis suggests Coca-Cola is neutral for the immediate future, with no clear-cut direction.
\\n\",\"\\n(Last update 12:41am EST, January 6, 2021)
\\n\\nPfizer yesterday at a glance –
\\nWith a daily low of $36.6, Pfizer closed at $37.19 after starting the day at $36.81 and gaining $37 (1.03%). Trading volume was 26.84 million, below its daily average of 47.45 million.
\\nThe nearest resistance level is at $42.56. At $37.07, Pfizer made an initial breakout above the 10 day Simple Moving Average. The upper Bollinger band is at $42.06 and the lower is $34.56.
\\nOverall, looking at the technical analysis landscape, it seems Pfizer is pretty hot and might continue pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nPfizer launched a new logo on the heels of its successful development of a coronavirus vaccine, marking its shift to a biopharma business focused on breakthrough science https://t.co/m4Zk06LOqb
\\n— The Wall Street Journal (@WSJ) January 6, 2021
(Last update 11:55pm EST, January 5, 2021)
\\n\\nMcDonald's yesterday at a glance –
\\nHesitant but green: from an early low of $209.62, McDonald's went up to $211.48 and gained $1.26 compared to the $210.22 start of the day (0.6%). Trading volume was 2.37 million, below its daily average of 3.10 million.
\\nMcDonald's is getting close and is now only $3.6 from the resistance line at $215.08, crossing it might suggest further gains are ahead. At $211.62, McDonald's made an initial breakout above the 21 day Simple Moving Average. The upper Bollinger band is at $216.23 and the lower is $207.36.
\\nOverall, technical indicators suggest McDonald's has no obvious direction for the immediate future.
\\n\",\"\\n(Last update 11:55pm EST, January 5, 2021)
\\n\\nAfter opening at $33,600, Bitcoin gained $1,741, hitting a fresh record high of $35,342.
\\nThe Relative Strength Index indicates Bitcoin is in strong overbought condition. Bitcoin has just crossed the upper Bollinger band at $34,759, indicating further gains might be next.
\\nOverall, looking at the technical analysis landscape, it seems Bitcoin is pretty hot and might continue pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nBitcoin prices could really go haywire if this happens in 2021 https://t.co/Ei3qj1dpuz by @BrianSozzi pic.twitter.com/bHzWQGLonZ
\\n— Yahoo Finance (@YahooFinance) January 6, 2021
(Last update 11:55pm EST, January 5, 2021)
\\n\\nThe upper Bollinger band at $1,953.23, indicating a further downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems further drawbacks may be next for Gold.
\\n\\n
\\n\\n\\n\\n\",\"\\nGold rises to eight-week high as traders await Georgia results https://t.co/35TtOeexrd
\\n— Bloomberg (@business) January 6, 2021
(Last update 11:55pm EST, January 5, 2021)
\\n\\nThe upper Bollinger band is at $49.85, indicating a downward move might be next.
\\nOverall, looking at the technical analysis landscape, it seems oil might be pointing down in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\n#OOTT | Goldman Reiterates Bullish Oil View – RTRS
\\n
– Saudi Arabia Oil Supply Cut Will Likely Support Prices In Coming Weeks— LiveSquawk (@LiveSquawk) January 6, 2021
(Last update 11:55pm EST, January 5, 2021)
\\n\\nThe upper Bollinger band is at 1.233, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for the Euro/Dollar
\\n\\n
\\n\\n\\n\\n\",\"\\n'Solidarity cannot be voluntary': Portugal begins talks on EU migration pact https://t.co/Y3aAcjPdKq pic.twitter.com/R1LIduvYuw
\\n— Reuters (@Reuters) January 6, 2021
(Last update 1:21am EST, January 6, 2021)
\\n\\nThe upper Bollinger band is at 1.3737, indicating a negative correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems a reverse of course in the short term might be next for the British Pound.
\\n\\n
\\n\\n\\n\\n\",\"\\nUK lockdown causes biggest drop in new car sales since World War Two https://t.co/bD0WCsoIia pic.twitter.com/B1O7GHjQKE
\\n— Reuters (@Reuters) January 6, 2021
(Last update 1:20am EST, January 6, 2021)
\\n\\nThe lower Bollinger band is at 102.71, indicating a positive move might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Dollar/Yen might be pointing upward in the short term.
\\n\\n
\\n\\n\\n\\n\",\"\\nJapan service-sector activity falls for 11th month in December – PMI https://t.co/1qT5ka5nJL pic.twitter.com/xj1BqTEfnN
\\n— Reuters Business (@ReutersBiz) January 6, 2021
(Last update 1:21am EST, January 6, 2021)
\\n\\nThe lower Bollinger band was at 0.878, indicating a positive correction might be next.
\\nOverall, looking at the technical analysis landscape, it seems the Swiss franc might reverse course and start pointing upward in the short term.
\\n\",\"\\n(Last update 1:20am EST, January 6, 2021)
\\n\\nThe Relative Strength Index indicates AUD/USD is in overbought condition. The upper Bollinger band is at 0.7766, indicating a negative correction might be next.
\\nOverall, the technical analysis suggests Aussie is neutral for the immediate future, with no clear-cut direction.
\\n\\n
\\n\\n\\n\\n\\n\"],\"title\":\"Financial Markets Review – 6 January 2021 – 01:21:07\",\"date\":\"2021-01-06T06:21:07\"}"; var omg_ads = JSON.parse(decodeHtml(omg_ads_string)); } catch (e) { var omg_ads = JSON.parse(omg_ads_string); }-U.S. futures ⬇️
\\n
-Hong Kong, Australia stocks fall
-Japan stocks ⬆️
-South Korea’s Kospi Index exceeds the 3,000 level for the first time before paring gains
-Oil rises to $50.15https://t.co/mJN0odEAK4 pic.twitter.com/UHDad7ojfm— Bloomberg Markets (@markets) January 6, 2021